While our media sleep, the United Nations is proceeding, with President
Obama's acquiescence, to implement a global plan to create a new international
socialist order financed by global taxes on the American people.

The
Conference on the World Financial and Economic Crisis and its Impact
on Development that begins on Wednesday will consider adoption of a document
calling for "new voluntary and innovative sources of financing initiatives
to provide additional stable sources of development finance..." This
is U.N.-speak for global taxes. They are anything but "voluntary"
for the people forced to pay them.

The most "popular" proposals, which could generate tens of
billions of dollars in revenue for global purposes, involve taxes on greenhouse
gas emissions and financial transactions such as stock trades.

The document was agreed to at an informal meeting of expert "facilitators"
and was made available on Monday afternoon at 3 p.m. It is doubtful that
any changes will be made to it.

The conference was postponed from June 1-3 and will now take place June
24-26 at the U.N. in New York. While the "outcome document" has
been
watered down somewhat from the previous version, it still reaffirms
attainment of the U.N.'s Millennium Development Goals, which would require
the payment of $845 billion from U.S. taxpayers. A commitment to the MDGs
was a stated objective of the Global Poverty Act, which Barack Obama had
introduced as a U.S. senator. It requires the U.S. to devote 0.7 percent
of Gross National Income to foreign aid.

Now, as President, Obama can bypass the Congress and simply direct his
Ambassador to the U.N. Susan Rice to approve the U.N. conference document.
Then the pressure will be increased on Congress to come up with the money
and satisfy our "international commitments."

This is the pattern that he followed in regard to more money for the
International Monetary Fund (IMF). After agreeing at the G-20 summit to
provide more money for the IMF, the Obama White House slipped the cash and
credit into the recently passed emergency war funding bill. The Obama White
House had added billions in cash, as well as a $100 billion line of credit,
for the IMF.

Rep. Mike Pence
commented, "This legislation, which includes $108 billion in loan
authorizations for a global bailout, for the International Monetary Fund
at a time when this government has run up a $2 trillion annual deficit I
believe does a disservice to taxpayers and to those that defend us. Passing
a $108 billion global bailout on the backs of our soldiers is just not right."

The U.N. conference document explains where all of this is leading the
destruction of the American dollar as the world's reserve currency and
the build-up of global institutions such as the IMF and the U.N.

It declares that "We acknowledge the calls by many states for further
study of the feasibility and advisability of a more efficient reserve system,
including the possible function of SDRs in any such system and the complementary
roles that could be played by various regional arrangements." SDRs
are Special Drawing Rights, a form of international currency that enables
global institutions like the International Monetary Fund to provide more
foreign aid to the rest of the world. The U.S. pays for SDRs through its
financial contributions to the IMF.

If implemented, the document would officially mark the end of the United
States as the world's leading economic power.

Urging socialism as the solution to the crisis, the document states that "Insufficient
emphasis on equitable human development has contributed to significant inequalities
among countries and peoples. Other weaknesses of a systemic nature also
contributed to the unfolding crisis, which has demonstrated the need for
more effective government involvement to ensure an appropriate balance between
the market and public interest."

The nerve center of this emerging new international socialist system
will be the United Nations, a body that has developed a reputation for corruption
and incompetence and whose "peacekeepers" have been implicated
in sexual abuse and other human rights violations.

"The United Nations, on the basis of its universal membership and
legitimacy, is well positioned to participate in various reform processes
aimed at improving and strengthening the effective functioning of the international
financial system and architecture," the document says.

"This United Nations Conference is part of our collective effort
towards recovery," it adds.

The Obama Administration's unofficial point man in U.N. deliberations
has been economist Joseph Stiglitz, who has been coordinating a "Commission
of Experts" that has reported to U.N. General Assembly President Miguel
D'Escoto, the notorious Communist Catholic Priest who received the Lenin
Peace Prize from the old Soviet Union.

Stiglitz produced his own
document which called for "the issuance of additional SDRs," "additional
sources of funding" for global institutions, a new global reserve currency,
and a new global credit facility. Key recommendations have been incorporated
into the official U.N. conference document but Stiglitz and his "experts"
provide far more details about them.

In terms of new funding sources, the document calls for "innovative
sources of financing such as emission rights trading and financial transactions
taxes " The concept of "emissions trading" enables corporations
to avoid limits on greenhouse gas emissions if they pay taxes to government.
It is part of the "cap and trade" legislation that the liberals
are now pushing on Capitol Hill.

Chapter Five of this document, "International Financial Innovations,"
goes into detail, declaring that "For some time, the difficulty in
meeting the UN official assistance target of 0.7 percent of Gross National
Income of developed industrial countries as official development assistance,
as well as the need for adequate funding for the provision of global and
regional public goods (peace building, fighting global health pandemics,
combating climate change and sustaining the global environment more generally)
has generated proposals on how to guarantee a more reliable and stable source
of financing for these objectives."

The document notes that an international airline ticket tax is now in
effect, as a result of the actions of the "Leading Group on Solidarity
Levies" that now involves close to 60 countries and major international
organizations. This money is going to fight global diseases.

The term "Solidarity Levies" is U.N.-speak for global taxes.

The Stiglitz document explains, "Some of the initiatives that have
been proposed encompass 'solidarity levies' or, more generally,
taxation for global objectives. Some countries have already decreed solidarity
levies on airline tickets but there is a larger set of proposals. There
have also been suggestions to auction global natural resources such as ocean
fishing rights and pollution emission permits for global environmental programs."

It goes on to say, "The suggestion of taxes that could be earmarked
for global objectives has a long history. To avert their being perceived
as encroachments on participating countries' fiscal sovereignty, it
has been agreed that these taxes should be nationally imposed, but internationally
coordinated."

So the nations of the world, including the U.S., will collect the taxes
but then turn them over to institutions such as the U.N. The world body
will function, in effect, like a global IRS.

Is it too much to ask that our media take some time off from talking
about the girl with star tattoos on her face, "Jon & Kate Plus
8," and Perez Hilton, to examine what is going on at the United Nations? †

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